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Indina Economy and Policy Watch Feb 15-21, 2009
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*Farm sector allocation up by 5% to Rs 15 bn
* Interim Budget on expected lines: NASSCOM
* Japan`s economy shrinks sharply
* Indian economy may turn around in October: Chidambaram
* Pranab unveils Interim Budget; No major changes
* No major policy announcements in Interim Budget: Goldman
* Fiscal deficit to rise to 5.5% of GDP in FY10
* Interim Budget: No tax cut
* Interim Budget 2009-10 at a glance
* Govt lowers 3G spectrum auction revenues target to Rs 200 bn
* Centre sees GDP at 7%, inflation at 4% for next fiscal
* Surcharge on corporate tax should have been removed: Assocham
* Govt. unveils new foreign investment norms
* Centre to offer Rs 196.46 bn financial aid to CPSEs
* No decision yet on freeing fuel pricing: Deora
* ADB sanctions 41 companies for corruption
* Asia`s unemployment may go up by 23.3 mn in `09: ILO
* Recession hits Indian tourism sector badly
* KG D-6 gas supply likely in Apr. `09: Deora
* India continues to be most investor friendly nation
* More steps will be taken if needed to spur economy: Pranab
* RBI issues norms for online credit card transactions
* RBI staff to observe one-day strike today
* Fall in inflation raises hope of cut in interest rates
* Decision on lifting wheat products export ban soon: Pawar
* Jobs must be retained even if it calls for salary cut: Pranab
* Fiscal deficit may increase to 10.3% of GDP: Goldman
* Telephone subscribers base crosses 400 mn in Jan`09
* India to see 9% annual salary hikes: Hewitt Associates
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